
Chibabava Cimentos laid the foundation stone for an integrated 1.0 Mta cement plant in the Sofala province in Mozambique. The investment will be in two phases, about US$ 280m shall be provided for the first kiln line. The investment is manly by the Sino Harbour Construction Group, which is the major shareholder of Chibabaya Cimentos. The company is a property developer in China with its headquarters in Hong Kong. The plant will have a 28 MW captive power plant to overcome electricity outages, less than 3% of the population in the district have electricity, and shall be operational next year.
